Merging of LOK and Žene za žene International
Sarajevo, 05.03.2013. – As a response to challenges and need for consolidation of microfinance sector, Microcredit foundation LOK (MCF LOK) from Sarajevo and Microcredit foundation Žene za žene International (Women to Women) Sarajevo (MCF ŽŽI) have merged. MCF LOK is among the leading microcredit organisations in BiH for five years and it builds its image at the market with continuous satisfaction of clients, improving quality and wider access to its offer to a highest possible number of residents, while MCF ŽŽI is desiccated to and supports women entrepreneurs.
Another member receives prestigious certificate
Sarajevo, 26.02.2013. – Association of Microfinance Institutions in BiH (AMFI) announces with pride another big achievement of one of its members, Microcredit foundation MI BOSPO from Tuzla, which fulfilled all conditions to receive prestigious Certificate on client protection, part of global project “Smart Campaign,“ with aim to implement principles of client protection in international microfinance industry.
Two BiH MCFs among the first five in the world
Association of Microfinance Institutions in BiH (AMFI) proudly announces achievement of its two members, MCF Partner from Tuzla and MCF EKI from Sarajevo, who are among the first five microcredit foundations worldwide who obtained prestigious certificate on client protection, part of the global project Smart Campaign, aimed at realization of client protection principles in the international microfinance industry.MCOs supported over 560.000 persons in BiH
From 1996 to today, microcredit organizations (MCOs) through its work gave and continue to give significant contribution to overall social and economic recovery of BiH, poverty reduction and increase in employment rate. Majority of microfinance organizations, members of Association of Microfinance Institutions in Bosnia and Herzegovina (AMFI), that have 98% of the market participation in BiH, recorded a positive finance results during the first nine months of 2012.
Women’s Entrepreneurship Open Day in BiH
This year Women for Women International organized this event with the extensive support of the Association of Microfinance Organizations in BiH, which is promoting development of entrepreneurship in BiH through the activities of its members
MCOs disbursed 5.64 billion BAM in 15 years
The amount of BAM 4.481.000.000 or 75% of the total micro credits amount was disbursed for business activities. Micro credits are promoting self-employment and employment.
According to the data of the Agency for Statistics there are 530 000 unemployed persons in Bosnia and Herzegovina, and they are not in a position to obtain a loan from a commercial bank, therefore, micro-credits are the only option available to unemployed persons to bridge the financial gaps or to start their own business and generate adequate resources to cover the expenses for their basic needs.
There are 25 Microcredit Organizations (MCOs) operating on the BiH market, and the advantage of the micro-lending is that the MCOs are providing access to suitable loans to all legal entities in the domain of micro and small business that do not posses any fixed assets as well as to all companies even when they do not have adequate security instruments for a loan.
Recovery of the microfinance sector Significant improvement of financial stability
Sarajevo, 27/03/2012 – The analysis of the business operations of the members of the Association of Microfinance Organizations in Bosnia and Herzegovina illustrates that this sector continues to show positive results of the recovery following the crisis that impacted even the most developed financial markets.
Client Protection in Microfinance Sector AMFI in partnership with the IFC
Sarajevo, 27/03/2012 - Association of Microfinance Organizations in Bosnia and Herzegovina in partnership with the IFC has launched the campaign on protection of the clients in the microfinance sector.
XII Skupstina AMFI BiH
Dvanaesta Skupština Udruženja mikrofinansijskih organizacija u BiH – AMFI BiH, ujedno i izborna, održana je 14.06.2011 godine u Sarajevu.
Mikrokreditni sektor u BiH se oporavlja od krize
Sarajevo/Bosna i Hercegovina, 17. februar 2010. – Na osnovu podataka dvanaest članica Udruženja mikrofinansijskih organizacija u Bosni i Hercegovini (AMFI), koje pokrivaju više od 98% mikrofinansijskog tržišta u BiH, sa 31.decembrom 2010. godine portfolio u riziku (PUR) preko 30 dana iznosio je svega 5,4%. To je u poređenju sa rezultatima za prvi kvartal prethodne 2010. godine smanjenje od 2,8%.
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